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to be walking away from the negotiations that we've been engaged in here at the white house for a big deficit reduction and debt reduction package. we were offering a deal that caused for as much discretionary savings as the gang of six. we were calling for taxes that were less than what the gang of six had proposed. and we had -- we were calling for modifications to entitlement programs. this was an extraordinarily fair deal. if it was unbalanced, it was unbalanced in the direction of not enough revenue. nancy pelosi, harry reid, the democratic leadership, they sure did not like the plan that we were proposing to boehnor, but they were at least willing to engage in a conversation because they understood how important it is for us to actually solve this problem. and so far, i have not seen the capacity of the house republicans in particular to make those tough decisions. what a lot of the american people are so disappointed by is this sense that all the talk about responsibility, all the talk about the next generation, all the talk about making sacrifices, that when it comes to actually doing
fitsity still. there's no legislative language. it looks like what could be a pretty big tax increase. the spending cuts i think are highly uncertain. it instructs the various committees of the senate and the house to come up with these spending cuts. we have no assurance that they will do that. we have no idea how they'll do that. then we asked the senate to vote on that. all of which suggests to me there are a number of ways in which this could fall apart. i give these guys all the credit in the world for really struggling and trying to make some progress on a tough issue. there's no assurance that it results in an outcome. if we can't agree on spending cuts now, why should we suppose at the end of this process which after all has been available to us for two years the senate won't even pass a budget, why we think that this will result in real spending cuts is not clear to me. >> the other dynamic here is the mcconnell-reid proposal. that is going to get to the floor at some point. now the idea of being that the gang of six proposal is too late to be scored by cbo to really be put i
rchts good wepz, everybody. i'm contessa brewer covering the big news coast to coast. the big story right now the phone hacking scandal in great britain reaches the highest echelons of government. with prime minister david cameron facing cheers and jeers in an uncommon emergency session of the house of commons. >> i have an old fashioned view about innocent until proven guilty. >> prime minister david cameron addressing the house of commons. >> if it turns out andy coulson knew about the hacking at the news of the world he will not only have lied to me, but he would have lied to the police, to a select committee torque the press complaints commission, and of course, perjured himself in a court of law. >> former news of the world ed tore andy coulson was until january cameron's communications director. >> with 20/20 hindsight and all that has followed i would not have offered him the job and i expect that he wouldn't have taken it. >> coulson was arrested this month suspected of corruption in the u.s. voice mail hacking and police bribery scandal. >> you live and you learn and believ
if some big player decides to sell off. >> obviously i'm not qualified to speak on behalf of the markets and what they will or will not do, but just my own judgment based upon all the various kinds of conversations that are occurring, are that we will find a way to deal with this issue. we do know that the root cause of our debt and deficit problem is spending is just too high. we also want economic growth. we don't want to embrace policies that we sincerely believe will damage the economy and hurt job creation. if you do that, then you lose even more revenues. so what we want to do is get a downpayment on our deficit and debt by getting spending cuts. i think that there are constructive conversations that are occurring both sides of the rotund rotunda, both sides of pennsylvania avenue. i do believe cooler heads will prevail. >>> what are the constructive convsations? for instance, are some elements of the gang of six proposal, i know you said it's not specific enough, it doesn't go adequately to slowing the growth of health spending, but are there constructive cuts proposed so far that
>>> good wednesday everybody. i'm contessa brewer covering the big news coast to coast. the big story we're watching right now, debt, deficit, downgrade, deadlock. there's six more days until the august 2nd debt default deadline. really, does anybody think there's going to be a deal? >> it can pass the house and pass the senate. i hope the president will consider signing it into law. >> the speaker's proposal cannot pass the senate, will not reach the president's desk. >> another day, another delay as washington tries to come up with a debt deal. today's breaking news a bipartisan group did the math on both the duelling democratic and republican debt plans and both come up short on their projected savings goals. democrats put their bill on hold. while republicans scramble to rewrite theirs. >> things are very fluid. >> today's house vote tabled while gop leaders try to get reluctant freshman on board. >> i want a solution, not a deal. i don't think this goes far enough. >> does this keep us in the battle. >> john boehner has a group of people that believe their way is the correc
that she could catch fire. look, when you start this thing, when you win iowa, if you win iowa big, that thing starts rolling through new hampshire and south carolina, it's over in weeks. i agree 100%. >> how was she going in philadelphia suburbs? how is she going to do in the i-4 corridor and in wisconsin? how is she going to do in new mexico, arizona? i would suggest, with swing voters not well at all. >> there's no doubt if you nominate michele bachmann, it's an enormous risk. the only conditions, i think, under which i believe she could win the presidency, if people say, if they did in 1980, i don't care, i'm taking a chance with this guy because what we got we can't stand, you get 9% or 10% unemployment, two more years, this country is ready for a lot of change. more "morning joe" in a moment. with the hotels.com 48-hour sale, the possibilities are endless. interesting... save up to 50% this tuesday and wednesday only. hotels.com. be smart. book smart.  finally, there's a choice for my patients with an irregular heartbeat called atrial fibrillation, or afib, that's not cause
with a balanced budget amendment. and it's going to be a big question mark as to how long mitch mcconnell will stay on that position and whether or not harry reid tables the boehner bill later today or tomorrow. there is no clear consensus on capitol hill over what they will do in order to raise the debt limit. there are ongoing negotiations between staffs, between mcconnell, reid, boehner all talking to some degree in unison. right now the gop wants to pursue the boehner plan which is a dead end in the united states senate. they're confident it's going to pass today. the rules committee meets at 12:50. john boehner said he was smiling as he left the meeting with his fellow members today, contessa. >> mike, let's go to you. we just found out from president obama's twitter page that he's even reiterating his request again for america people to call their lawmakers to demand a solution. the time for putting party first is over. if you want to see a bipartisan compromise let congress know. call, email, tweet and then he signs it barack obama. what's the white house hoping to accomplish by as
'm a little bit of a restaurant of history. and there are a lot of real big things that have been gone in this country by executive order. president truman up until this point my favorite president of all times. integrated the armed services by executive order. couldn't get the congress to do it. there seemed to be little support for it my hometown senator left the democratic party buzz he did it and ran for president as a states rider. but the president did it. it was a bold move and as far as i can tell people like colin powell are very thankful that president truman did what he did. >> in the current case let me ask you about the whip count you were the whip and still a great vote counter are you and steny hoyer and nancy pelosi going to give john boehner an exit strategy with some democrat votes since it's clear he doesn't have enough votes just relying on republicans? >> if he were to come to the floor with a bipartisan bill, i think he would get bipartisan support. right now he's running this on his own within his own caucus. he is not involving nancy pelosi or steny hoyer or you
backed bill included big spending cuts, a cap on spending and a constitutional amendment. >> it's a correct approach. this is fundamentally a spending problem. >> it passed in the house earlier this house. >> this vote the yeas are the 34. >> today majority leader harry reid grudgingly scheduled a senate vote. it failed just as he predicted. >> this is a very, very bad piece of legislation. >> today's vote could clear the way for one of several compromise deals. >> we all know mr. president there are talks going on between president obama and speaker boehner. >> this was a bit of hope yesterday when "the new york times" reported a possible deal between president obama and house speaker boehner. both sides quickly denied it. >> there is no deal. we are not close to a deal. >> there is no deal. no deal publicly, no deal privately. there is absolutely no deal. >> but he didn't say they're not talking about it. >> we've got to keep the lines of communication open. we talked about fall back options if in fact cut, cap and balance does go down. i do think that it's our obligation to h
as long as it's part of a big deal. yesterday, he called democratic leaders and later, republicans to the white house for more talks. gop leaders called those meetings productive. then there's the renewed gang of six plan, which offers a blueprint for a deal. >> devil is in the details. >> it doesn't have the stamp now of the committees on the house and senate side and that is going to be essential. >> but it has problems, too. some liberal members worry about its impact on social security and medicare, and the closed door meetings that led to the plan. >> we are an anti-gang group. we are trying to suppress the growth of gangs. we think that it is not healthy for washington. >> the negotiations could go down to the wire, with the nation's spending power hanging in the balance. >> it isn't perfect but when the alternative is we're going to drive this country over the cliff, i think we got to start with something that actually gets the job done. >> the one thing we've been committed to is getting a solution. >> mike, where do we stand? >> reporter: we're 14 days out. i just got an e
as she stepped into the night and into a waiting suv. big smile on her face there. that suv drove away that's the last the public saw of casey. according to attorney chany mason that's some of the last we'll see of her for some time. >> i think if you're waiting to see her in court again, you'd better get a rocking chair. as far as all the rumors about paid interviews and books and movies there's been no truth to any of that. nothing has been agreed to in any capacity whatsoever. >> we're live in orlando, are you getting any clues about her whereabouts? >> reporter: not really. she really did vanish. her team here, her legal team effectively did what they wanted to pull off. she left the jail here, got into that suv, drove down the road right here which was closed off. there was nom news helicopters that chased. but there were a variety of s.u.v.'s out there. when they got into downtown it was sort of hard to keep track of which was which behind the buildings. next thing you know the news choppers lost her in the darkness downtown. then there was at an airport one of the s.u.v.'s had g
the media has not done a good job portraying how big the taxes are to them. a lot of the member haves a religious fervor that any type of tax increase is not acceptable. boehner going from $800 billion in revenue could beç explainedo go up to $1.2 trillion which is white house suggested that wasn't a number is still open to debate was something is that boehner saw it as one aide told me impossible, a dis, they couldn't move it at all. >> one of if big issues is what are the markets saying and how are they reacting? it's been muted so far. i've talked to people, finance people who basically say that wall street is looking at this and saying both sides are talking about cutting spendsing and reducing the overall debt. so the conversation is at least focused on what they want to see and there's still a belief that they'll get it done before this is all over. i wanted to play a little bit of hillary clinton. she has been traveling throughout the world in asia, in hong kong today. this was her attempt tory assure the markets. >> very interesting choice of words from her. >> as i have tra
. but there are two big things. most damaging of all, he was pressed several times on whether he had had any conversations with all of his various contacts and friends at rupert murdoch's company in the u.k. about a $12 billion attempt to buy out the reminder of bskyb, the big broadcaster over there. this was a deal that the british government has quasi-judicial authority to approve or deny. all he could say is he had no inappropriate conversations. he kept using that phrase. frankly, it didn't sound like the members of parliament really bought that line. the second thing, a really explosive claim, that someone in the senior government, a senior government official had been hacked and bugged while andy coulson was there. these kinds of allegations are -- they just keep cropping up every day and it doesn't look like this kind of statement or investigations are going to end any time soon. >> yeah, we could be early in the game at the moment. michael, i want to play some sound from yesterday's testimony, what we heard there in parliament. take a listen to this first. >> i don't know. i am now a
this to be a short-term deal. let's look for the big fix. the president says, luke, let's go for the big fix and now the republicans are going, wait a minute. what gives? luke. >> politics is the art of the possible. a lot of folks on capitol hill feel right now that a short-term solution is the only thing possible because of the eight-day time window that you mentioned. that being said, there are two very different plans which you talked about in the introduction which are going through capitol hill right now. speaker boehner plan is going to have an extension, which gets us through the wipter. i'm told that speaker boehner's going to brief his house republican conference at 2:00 p.m. about the details of that plan. won't get extremely specific. then for all intensive purposes it looks from discussions i've had with certain aides that you can see as early as wednesday a house of representatives votes on speaker boehner's plan. harry reid is going to go his own way with a $2.7 trillion reduction plan across the board. both of these contessa are different than any of the grand bargains. reid's extend
conducting it. >> nbc's luke russert is on capitol hill, where this is really moving very quickly. two big developments on both the house and the senate side. let's start at thb[at house, because we heard all these reports about members of the tea party coming out last night looking like they'd been pretty battered and most of them making the decision that they would not vote for the boehner bill. so, what's going on in the speaker's office this morning? >> reporter: as we speak now, chris, speaker john boehner and the rest of the gop leadership are meeting with the house republican conference over in the basement of the capitol, expected to be a very spirited meeting. the last three have been, trying to rally support, trying to garner support for this bill. obviously there wasn't enough of it last night, but from a gop aides that i've spoken to over the last few hours, we really expect this to be the full-on press thing, if we cannot pass this bill out of the united states house of representatives with only republican support, we lose all our leverage. we have no seat at the bargaining t
believes that the boehner problem is anything more than a big, wet kiss to the right wing. i mean the tea party. that's what i mean. it's too bad the caucus is run by so little people. >> when i asked the plan, the aids pointed to a speech. congress can't vote on a speech. a veto threat won't prevent default. >> we are urging the republicans to step back, put their party caucuses aside, put their pledges to grover norquist aside and put this country first. >> it's unfair from the president of the united states to lead from behind. it's unfair for the president of the united states not to come forward with a specific plan that, perhaps to be considered by both bodies, but only to go out and give lectures. >> we are not going to hold this country hostage to the tea party. those folks over there, about 80 of them, they pledged to grover norquist. i want to pledge allegiance to the united states of america. that's what we should be doing. >> good morning. it is thursday, july 28th. look at the beautiful shot of new york city. welcome to "morning joe." yes, with us on set -- >> look at him. >>
and debt situation. if you take major parts of the budget off the table, the problem is so big we won't bo able to fix it and the politics are such that it's going to be impossible to get everybody around the table to come one a deal. it really is time for everybody to put these lines in the sand aside and start trying to fix the problem, which is what i think is gang of six did this week breathes a lot of new life into this whole discussion of how do we fix this problem in a way to get a lot of people to sign on and by doing it smartly that's going to help tremendously. >> do you think that the market, the rating agencies and others looking at it from the outside will take it seriously if there is some sort of agreement, a handshake whatever you call it between the president and the speaker of the house that has 217 votes and can get through the house, that there's an agreement for things that will be triggered down the road, is that going to be good enough, tax reform down the road? >> there's a lot of risk. people tend not to believe politicians doing hard things later. at the same time
. there is -- there aren't that many big differences between the boehner plan and the reid plan other than one critical difference which is under john boehner's plan, we would be right back in this mess right at the holiday season, having this same debate, creating uncertainty in the economy at one of the most critical times for the economy, the holiday season. we don't want to do that. that's the wrong thing to do. that's not just the president's opinion. that's just not the opinion of independent financial analysts. that was actually john boehner's opinion and eric cantor's opinion just a few weeks ago when they were making the same case the president is making. >> true enough, but there is plenty of precedent for short-term debt ceiling limits being raised. aside from ruining all of our holidays, what's the damage in revisiting this six months from now? is the president really, when it comes down to it after the warning from all the big bankers, is he going to veto a short-term increase? >> there are two points. first is we are in a completely different situation now than we have ever been. there ha
? >> quite a big one, contessa. we can report that earlier this morning the house call center the communication arm of the house in charge of all the house telephones sent out an email to members saying quote, due to the high volume of external calls to the house telephone circuits they are near capacity. some members should be receiving busy signals. several house websites crashed specifically that of speaker of the house john boehner. the question is whether or not it will transfer into some sort of change of what the status quo is right now and that really is both sides digging in quite rigidly on their plans. democrats supporting harry reid's plan the $2.7 trillion cut across the board. republicans in favor of john boehner's plan, with an extension of the debt limit. that's where both sides are still very much. >> kristen, let's talk with you about where the white house goes from here. can they capitalize on this? the people are willing to go online -- i had trouble getting on the house website today maybe not correlated to how buzzy things are, certainly with the house ph
a picture for us about how a newspaper like news of the world goes about reporting on such a big story? what the level of the editor, deputy editor, senior reporters would be in putting together and overseeing the story? >> i think any big story. forrer the purpose of process most stories start out with the reporter. and that reporter may be being asked by the news editor to go and investigate a story or they may have brought information about a story from their own contacts to the news editor. it is at that stage in a newspaper where the reporter and news editor discuss the voracity of the information, go out and check the allegations, and come back with a more considered view. you can imagine that every newspaper gets a lot of information to the news desk and only percentage very small percentage makes it actually to publication. there are many layers from reporter to assistant news editor to news editor. finally this story will go to the back bench which will be the people that will oversee the stopping of that story and the subwill often talk to the reporter directly with questions and a
to continue to spend hundreds of billions of dollars on subs cities for big oil companies, on tax cuts for the rich and on corporation tax loopholes, they are not interested in balanced budgets. they are interested in one thing and one thin only, making the rich much, much richer and making the middle class much, much poorer. that is why you get delay after delay after delay. that is why as the clock runs out instead of meeting in the middle they are lurching further and further to the extreme right wing. >> congressman, i know that -- we've heard political talking points from both sides. at this stage of emergency the american people want to see some action, the president said there is rough agreement between the two parties and likely the democrats and republicans in the senate are going to have to engage in negotiations with joe biden and others. where do you see this negotiation going? is the white house willing to concede a shorter term debt ceiling extension and deal with the two trenches that have been agreed to? where do you see it coming down? >> with all due respect this is n
, it made taxpayer funded bailouts illegal. so tax payers don't have to foot the bill if a big bank goes under. second, it said to wall street firms, you can't take the same kind of reckless risks that led to the crisis. and third, it put in place the stronger -- the strongest consumer protections in history. and make sure that these protections work so ordinary people were dealt with fairly so they could make informed decisions about their finances. we didn't just change the law. we changed the way the government did business. for years the job of protecting consumers was divided up in a lot of different agencies. so if you had a problem with the mortgage lender you called one place. if you had a problem with a credit card company, you called somebody else. it meant there were a lot of people who were, but that meant nobody was responsible. and we changed that. we cut the bureaucracy and put one consumer watchdog in charge with just one job. looking out for regular people in the financial system. this is an idea that i got from elizabeth warren who i first met years ago. back then this
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there will be a resolution if they stretch it out, and there is a big treasury action scheduled for august 4th, and if that were not to be sold or if the interest rates on it would have to go appreciably higher that could trigger a sell-off and another problem as well, but whether it is august 2nd, 3rd, 4th, there is a resolution of this, because the al terntives are just really too dire to conceive. >> thank you, andrea mitchell, for joining us. >>> and the man of evil, and did he really act alone? while energy developement comes with some risk, north america's natural gas producers are committed to safely and responsibly providing decades of cleaner burning energy for our country, drilling thousands of feet below fresh water sources within self contained well systems and using state of the art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment we are america's natural gas. [ male announcer ] get ready for the left lane. the volkswagen autobahn for all event is back. right now, get a great deal on new volkswagen mo
stick with me. we'll take it. go, big money! i mean, go. it's your break, honey. same coverage, more savings. now, that's progressive. call or click today. >>> coming up, is washington broken? former senator chuck hagel, mayor cory booker of newark, representative adam kinzinger, historian doris kearns goodwin and our own andr >>> and we're back with a special roundtable discussion this morning. joining me now, presidential historian doris kearns goodwin, host of msnbc's "andrea mitchell reports," our chief foreign affairs correspondent andrea mitchell, democratic mayor of newark, new jersey, cory booker, former republican senator chuck hagel of nebraska, and joining us for his first appearance on the program, republican congressman adam kinzinger. i didn't mess up the name. >> it's adam kinzinger, but that's all right. >> what'd i say? i'm sorry. >> it is my first time here. >> he was elected in 2010 with the tea party support and served as a captain in the air force, including tours in afghanistan and iraq. congressman, welcome very much. >> thanks. >> happy to have you. and welcom
pundits, there are more people who think they know everything about everything, and that's one of the big differences. that doesn't dismiss or excuse what happened between that exchange that you showed on the tv, but consensus is absolutely essential if we're to move this country along. >> go ahead. >> i'm sorry, i'm a little disgusted and a little angry because i see what's going on every day. we have a situation where the capitol is fiddling itself while the nation capitol is fiddling itself while the nation is burning. grandpare generation, during crisis, during the great depression, we we talk about our grandparents' generation, during crisis, during the great depression, we built the hoover dam, empire state building. and here i see in my cities around america and mine, infrastructure's crumbling around us. in that generation, we said we're going to go to the moon and we're going to do math and science and make sure our kids are prepared to go there. what's happening right now? nations are passing us in droves. over eight different countries now have a higher proportion of students g
Search Results 0 to 26 of about 27 (some duplicates have been removed)

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